For some people, the concept of Bitnation is probably abstract or a little difficult to comprehend. But it is basically about the ideal world where everyone can live in the ideal nation and have an ideal way of life. Of course, such a thing is impossible, but what if it is actually possible and doable – even only in digital life?
The Ideal World
Everyone has its own concept of an ideal world, but they generally share a similarity: a free and peaceful world where everyone is able to do their own biddings. It covers the concept of a nation, where citizens have the ability to determine what they want.
So, how are Bitnation and the ideal nation’s concept related to one another? Well, Bitnation is using a decentralized system which means that it doesn’t have any ultimate ruler or power that will control everything. The ideal nation is using a similar concept to the decentralized system. Instead of a controlling government that forces everything on their citizens, citizens are encouraged to work together and increase a self-awareness that will benefit each other.
The Unique Concept
Whereas other platforms may focus on business or commercial elements, Bitnation focuses on peer to peer interaction in creating a fair nation. The development team believes that government has taken too much control over their citizens. They decide everything – economy, legal matter, business implementation, social, and many others – and then force the idea to their citizens, who can only accept. Instead of helping the citizens to develop better social sense or way of life, the government often clashes them together, creating dispute and conflicts. This is what this platform about to change.
Instead of government controlling citizens, it is the other way around. Citizens are given full rights to decide what’s best for them. They can create ‘groups’ with similar thoughts and ideas. To solve disputes or legal problems, the use of arbitrary as the third-party agent is encouraged.
Let’s say that you have problems with land ownership with member A, you can ask for help from an expert in the matter to resolve the issue. The expert can offer his service, but he needs to show his credibility and ability. Resolving issues can be done peacefully without leading to conflict.
PAT Tokens
For this platform, PAT token will be used as the main currency. It is exchangeable, which means that you can trade it with other cryptocurrencies. And just like the regular currency, you can use the token for investment or exchange it with other currencies. Another use of the token is for reward. This platform uses reputation system with the non-exchangeable tokens. Once the reputation gets higher and better, the users will be rewarded with the exchangeable PAT tokens.